[DOTUSDT] - bullish rally is coming🔥🔸Breaking a long time accumulation of falling wedge in weekly chart meaning it will head a great targets
🔸Dot is still good for buying for now ...as it didn't get bullish yet.
🔸Targets shown in chart as a Fibonacci levels
🔸Patience get rewarded
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DOT
DOT : BUY IN BULL-TREND📊Analysis by AhmadArz:
🔍Entry: 9.40 - 9.18
🛑Stop Loss: 9.12
🎯Take Profit: 9.59 - 9.90
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DOT/USDT Poised for a Bull Run? 👀🚀DOT Analysis💎Paradisers, let's direct our attention to #DOTUSDT, as it's showing signs of a potential significant move from a key demand level.
💎#Polkadot is demonstrating an upward trend, hinting at a likely bullish breakout from its current demand zone. We anticipate a retest of the demand level at $6.38, with a major supply zone in sight. If #DOT holds above this level, it might set the stage for a rise toward the major supply zone at $9.0.
💎However, if #DOT struggles to maintain its position above the support, a reassessment of our trading strategy may be in order. In that scenario, we would look towards initiating a bullish movement from a lower bullish Order Block (OB).
💎It's vital to keep a vigilant eye on this level, as a drop below it could trigger a considerable bearish trend.
💎Stay sharp and flexible, Paradisers. Your ParadiseTeam is committed to offering the latest insights and strategic guidance, ensuring you're fully prepared to handle these market movements.
DOT waite for rengAnalysis by EZ7.startegy📊
This idea represents a price chart for the crypto asset **DOTUSDT**, analyzed using the **EZ7strategy. Let's break down the key elements:
1. **White Trend Lines**: These lines depict the asset's price movements.
2. **Red Annotation**: It signifies the strategy "Sell in high channel and base bear-trend."
3. **Green and Red Shaded Areas**: These indicate potential buy and sell zones.
4. **Price Levels**: Midle target levels at 7.295 and 7.737 are highlighted.
5. **Oval Highlight**: Indicates where the trendline and candle base broke, suggesting a potential trend change or significant price movement.
6. **DOTUSDT Logo**: Visible at the bottom right corner.
Using images and charts in crypto asset analysis can be valuable for professional traders. This image may provide useful insights into the price trend of DOTUSDT.
📊🌐 DOT - Long Trade Play Strategy! 💹🚀🔍 Strategy Overview:
Condition: Wait for the price to break and retest the $8.50 level.
Entry Criteria: Look for an open and close of a 4HR candle above $8.50.
Targets: Targeting the next resistance at $9.60, followed by $10.73.
Risk Management: Set stop loss just below $8.00.
📢 Analysis: Keep a close watch on the $8.50 breakout and subsequent retest. Evaluate the price action for confirmation and consider implementing risk management strategies. 🌐📈 #DOT #CryptoTrading #Altcoins 🚀💰
Long Position on DOTUSDTAnalysis:
Support Trendline: A trendline traced since October 2023 has consistently acted as support, providing a strong foundation for the trade.
Entry Zone: The entry zone for the trade shows a significant volume, indicating potential market interest at this level.
Stop Loss Placement: The Point of Control (POC) from the volume profile is used as a stop-loss level, offering a key support area.
Take Profit Levels:
TP1 and TP2: Historical areas with good volume have been identified as take-profit levels, providing potential areas of resistance-turned-support.
TP3: The upper 70% line of the volume profile is targeted as the third take-profit level, coinciding with a historically significant volume level.
Trade Plan:
Entry: Consider entering a long position as the price reaches the support trendline, especially within the zone of high volume.
Stop Loss: Protect the trade with a stop-loss order placed at the Point of Control (POC) from the volume profile.
Take Profit:
TP1 and TP2: Partially close the position at the historical areas of good volume, which may act as resistance-turned-support levels.
TP3: Target the final portion of the position at the upper 70% line of the volume profile, aligning with historically significant volume.
Risk Management: Ensure proper risk management by allocating an appropriate portion of your capital to this trade and adjusting position size accordingly.
Note: Always conduct thorough analysis and consider using additional technical indicators or confirmatory signals before executing any trades. Risk management is crucial to protect your capital in volatile markets.
DOT/USDT 1DInterval Chart ReviewI invite you to review the DOT chart, taking into account the interval of one day. We will start by identifying the downward trend line from which the price came out on top and created a local uptrend channel, in which it is currently struggling to stay inside the channel.
Further, after unfolding the trend based fib extension grid, you can see the first significant support at the level of $6.79, then the second support at the level of $5.93, and then the third very strong one at the price of $5.31.
Looking the other way, we can similarly determine the resistance areas that the price must face. And here we see that currently the price has been rejected by the resistance at the level of $8.05, it still has to face the resistance zone from $8.95 to $9.40 so that it can grow further towards the level of $10.74.
Please look at the RSI indicator, because, like the STOCH indicator, there is a visible recovery and both indicators show room for a deeper correction.
DOT Will MOON Like UNI MartyBoots here. I have been trading for 17 years and I am here to share my ideas with you to help the Crypto space.
DOT will have have a nice move in very near future but watch the video to find out when it can moon . Very important information
It has very good structure and price action , it reminds me of how many other coins set up in the last Bull market before it went parabolic and of course similar to UNI that just mooned
Please watch the video for more information
have a great weekend
Long DOT to 9.60 - 23%+ Profit PotentialAnother trade I've taken today is here on DOT. Once again, my proprietary blend of custom indicators are all flashing green. Reinforcing the bullish signal is, of course, good volume support on the underside of price along with all SMAs (50,100,200). RSI is hot but not in overbought territory as, it would seem, everything else is. I can see us double-topping before any sort of pull-back. I'm in at 7.77 and targeting 9.60. My SL is at 6.86 with a RRR of 2-to-1. Potential gains here top 23% to our final target.
ARKM Is The Next DOT - MOON CoinMartyBoots here. I have been trading for 17 years and I am here to share my ideas with you to help the Crypto space.
ARKM Is The Next DOT - Its a MOON Coin
It has very good structure and price action , it reminds me of how DOT set up last Bull market .
I would not sleep on it Please watch the video for more information
MartyBoots
DOT Polkadot Price TargetIf you haven`t bough the Double Bottom on DOT:
With the stock market reaching record highs, there is growing optimism that the positive momentum could spill over into the crypto market.
Historically, we've seen a correlation between bullish sentiments in traditional markets and increased interest and investment in cryptocurrencies.
As traditional investors seek diversification and alternative assets, the crypto market, with its potential for high returns, could benefit from this wave of enthusiasm.
This alignment with the prevailing positive trends in the stock market might act as a catalyst, fostering a bullish outlook for the crypto market in the coming days.
My Price Target for DOT Polkadot is the next resistance, $7.90.
Negative divergence .. important resistance and possibility of cThis currency is in an upward trend and now by reaching the resistance range as well as the negative divergence, it has made the possibility of falling stronger for itself.
Therefore, friends who intend to enter this currency should plan on short positions.
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Polkadot ($DOT) Poised to Reach Local High of $9.6
Alternative coins have yet to catch up with Bitcoin's ascent, including CRYPTOCAP:DOT , which is currently oscillating between a support zone of $7.0–$7.3 and a resistance zone of $7.62 –$8.20.
There's an anticipation that buyers will soon make a move to break out from this sideways range upwards. Potential targets include resistance zones at $8.46, $8.74–$9.2, and the local high of $9.6 established on December 26, 2023.
With Bitcoin on an upward trajectory, significant pullbacks in Polkadot's chart are unlikely. The price might retract to the support area of $5.96–$6.57, but falling below this bracket seems improbable.
DOT/USDT Bracing for Impact at Key Supply Zone? 🚀POLKADOT💎 Paradisers, gear up for a thrilling phase with #DOTUSDT as it approaches a critical supply level, signaling possible future maneuvers.
💎 A glance at #POLKADOT shows its recent ascent from a descending channel, now nearing the crucial supply mark at $7.777. A breakthrough above this point, coupled with sustained momentum, could usher in a climb towards the higher supply region at $9.574.
💎 Should #DOT honor the $7.777 supply zone without breaking through, a bullish push from the subsequent demand level at $5.909 might be on the cards, with a fall below this threshold potentially leading to a significant downward trend.
Trade Setup: Polkadot Head and Shoulder ReversalA head and shoulder reversal pattern has formed on $DOT. If CRYPTOCAP:BTC continues to dump it will drag down altcoins with it and this pattern will activate. If that happens I expect it will bounce around the 161.8 fibonacci extension which coincides with a retest of a major falling wedge pattern that we broke out of earlier this year.
I remain bullish on CRYPTOCAP:DOT in the long run and I am keeping an eye on the weekly cloud E2E trade which I expect will play out later this year. A short term dump will be a good opportunity to load up big for that.
DOT to $30 in 2024 - at least 400% gains!Edge to edge trade activated on the weekly cloud. Price will look to return to the 50% fib level of the previous drawdown which is a 400% gain from current levels.
Some other positive DOT news is that the community recently voted to implement a deflationary mechanism by burning the revenue from Coretime sales. This should help with long term price appreciation.
🚨Polkadot(DOT) can Drop ➖15%🚨✅The Polkadot(DOT) reacted well to the Resistance lines and started Falling again .
🌊Regarding Elliott wave theory , Polkadot(DOT) seems to be completing Corrective Waves .
🌊The structure of Corrective waves is Zigzag(ABC/5-3-5) .
🔔I expect the Polkadot(DOT) to go down to at least the🟢 Support zone($6.30-$5.67) 🟢and Support lines to complete microwave 5 of the main wave C .
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Polkadot(DOT) Analyze (DOTUSDT), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
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